Author: NBTC
These 7 cryptos — ONDO, INJ, MOVE, SUI, HYPE, JUP, and THE — could see explosive growth if Bitcoin continues its upward momentum maintaining its price above $97,000 and moves towards $100,000. ONDO has risen by more than 3% in the past 24 hours, CoinMarketCap data shows, and now is aiming for $2. The digital asset is trading at $1.66, down 14.57% from its all-time high of $1.93. The project recently announced its market-leading yield-coin USDY is available on BounceBit, a CeDeFi V2 protocol. Injective (INJ) With the recent debut of INJ 3.0, which drastically reduced the supply of Injective’s…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. Merry Christmas and Happy Hanukkah to those who celebrate. Kwanzaa kicks off tomorrow too. While Santa’s elves worked hard in the holiday lead-up, bitcoin miners were busy raising money for different purposes. We touched on this phenomenon earlier this month. Bitdeer noted proceeds from its convertible senior notes offering would go toward datacenter expansion and mining rig development. Marathon and Riot Platforms have signaled the route of using raised capital to buy more BTC. More recent announcements from two other segment players continue to highlight that…
Stellar, a public blockchain and a peer-to-peer virtual currency network, has joined the RWA Foundation, a decentralized community for real-world assets. The Real World Assets (RWA) Foundation is an organization that connects crypto enthusiasts with tokenized assets supported by leading brands in the tokenization industry. In a recent announcement on X, the Real-World Asset (RWA) Foundation revealed that the Stellar Network has officially joined as a founding member of the RWA Foundation DAO. This foundation is dedicated to establishing standards and best practices that encourage the adoption of tokenization for both crypto enthusiasts engaging with RWAs and asset issuers aiming…
Developers propose CTV to improve Bitcoin security and enable smart contracts through predefined spending conditions. Critics worry about Bitcoin fungibility and increased complexity due to CheckTemplateVerify’s potential implementation. In a tweet, Cobra, the maintainer of the Bitcoin.org domain, is expressing concern about a potential user-activated soft fork (UASF) in 2025, which could pose a crucial crossroads for the Bitcoin network. Under Bitcoin Improvement Proposal 119 (BIP 119), this project—run by anonymous developers outside the Bitcoin Core team—aims to introduce CheckTemplateVerify (CTV). Some Bitcoiners are going to attempt to soft fork in CTV through a UASF sometime in 2025. Developers (outside…
Chiliz (CHZ), a leader in the fan token industry, has recently entered into a significant partnership, enhancing its competitive edge in a relatively sparse market. As Socios maintains its dominance, CHZ is well-positioned for expected growth in 2025, promising substantial gains for its stakeholders. Contents hide 1 What Does the New Partnership Entail? 2 How Will This Impact Fans? What Does the New Partnership Entail? The announcement included a collaboration with Fan Rating, a cutting-edge application that merges sports analytics with blockchain functionality. This partnership aims to offer soccer enthusiasts an interactive platform where they can assess players and earn…
New York City Mayor Eric Adams, known for his unique public persona, recently spotlighted the significant growth in his Bitcoin (BTC) holdings during a press conference. The ongoing BTC price surge has prompted Adams to revisit a controversial decision he made upon assuming office. NY Mayor Doubles Down on Support for Bitcoin “Remember y’all laughed at me when I first got my Bitcoin,” Adams said, referencing his early decision to accept his first three paychecks in BTC and Ethereum (ETH) in January 2022. He sarcastically questioned, “Who’s laughing now?” When Adams became mayor, he opted to convert roughly $30,000 of…
An official post by MAGA memecoin on X has triggered a newfound interest in the $TRUMP token. The tweet suggests that a Kraken listing could be on the way. A mysterious post recently made on X by the official account of MAGA Memecoin has set off a breakout of TRUMP (TRUMP), a token in the MAGA ecosystem. The post claimed that Kraken, a well-known cryptocurrency exchange, is interested in listing the token and caused ripples in the token community. The post included a photo showing Kraken branding adjacent to the caption, “Whose ready?” sparking speculation about the token’s listing on…
In a recent interview, Federal Reserve Chair Jerome Powell described Bitcoin as a speculative asset similar to gold. He acknowledged BTC’s role as “digital gold.” However, Powell emphasized significant drawbacks, dismissing its viability as a payment method, a store of value, or a competitor to the U.S. dollar. Fed Chair’s Take on Bitcoin “People use Bitcoin as a speculative asset,” Powell remarked, likening it to gold but noting its virtual, digital nature. Despite acknowledging BTC as “digital gold,” he downplayed its broader utility. “People are not using it as a form of payment or as a store of value. It’s…
As a testament to the development of the GameFi ecosystem, Pioneer | Ultimate Playability Test Live is thrilled to form a strategic partnership with Don’t FOMO, a revolutionary DeFi game on Matchain. The news was revealed on Pioneer’s official social media pages on December 24, 2024, a breakthrough in the development of blockchain games. 🎉 We are pleased to announce a partnership with @TheRealDontFOMO ! #Don’t FOMO is a revolutionary decentralised game on Matchain that combines strategy, excitement, and rewarding gameplay. Built on blockchain technology, it offers transparent and fair opportunities for all… pic.twitter.com/svh1UlcVSY — Pioneer|Ultimate Playability Test Live (@0xpioneer)…
After the election, as everyone except for muggles know, the price of BTC rallied to all time highs (ATH) just short of $100,000. At the time of this writing, it’s hovering around $98,000. An interesting question then is: what happened to Michael Saylor’s MicroStrategy (MSTR) during this period? The publicly traded stock, synonymous with its unconventional and risk-on co-founder as well as the price of BTC, also rallied to post-election ATH — as one might expect — exceeding $500. Then last week, it took a precipitous ~22% short selling-inspired hit based off of a report expressing concerns about the company’s…